Latest in China’s electric carmakers warn of EU investment cuts over tariff threat
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China files complaint at World Trade Organization over EU tariffs on Chinese electric vehicles
China has moved forward with a complaint at the World Trade Organization that alleges the European Union has improperly set anti-subsidy tariffs on new Chinese-made electric vehiclesWorld - ABC News - 5 days ago -
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EU drives through tariffs on Chinese electric vehicles
Levies totalling up to 45% needed to compensate for Beijing’s ‘injurious’ subsidies, says BrusselsBusiness - Financial Times - October 30 -
Europe Imposes Higher Tariffs on Electric Vehicles Made in China
The tariffs, some as high as 45 percent, are intended to protect Europe’s automotive sector, but they could escalate a trade war with China.Business - The New York Times - October 31 -
The EU is imposing duties on electric vehicles from China after trade talks fail
The European Union says it will impose duties on imports of electric vehicles from China on Wednesday after talks between Brussels and Beijing failed to find an amicable solution to their trade ...World - ABC News - October 30 -
Trump win and threat of more tariffs raises expectations for more China stimulus
Donald Trump's presidential win has raised the bar for Beijing's fiscal stimulus plans, expected Friday.Business - CNBC - 3 days ago -
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Steve Madden says it will cut production in China to avoid Trump tariffs
The footwear- and accessory-maker says it already has a plan in place to reduce its reliance on imports from China.Top stories - CBS News - Yesterday -
EU set to impose duties on imports of electric vehicles from China from Thursday
EU set to impose duties on imports of electric vehicles from China from ThursdayWorld - ABC News - October 29 -
China 'does not agree or accept' the EU's EV tariffs, says negotiations are still ongoing
The extra tariffs will range from 7.8% for Tesla to 35.3% for SAIC Motor, and stack on top of the 10% standard import duty for cars to the EU.Business - CNBC - October 30 -
As China approaches WTO, analysts say Beijing-EU tariff spat unlikely to go 'too far'
China's commerce ministry said Monday that it had filed an additional appeal with the WTO over the EU's tariffs on its EVs, as bilateral talks have yet to lead to a breakthrough.Business - CNBC - 5 days ago -
IMF warns on China's property market worsening as it cuts country's growth outlook
In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2 percentage points lower than in its July projection.Business - CNBC - October 23 -
I.M.F. Says Inflation Fight Is Largely Over but Warns of New Threats
The International Monetary Fund said protectionism and new trade wars could weigh on growth.Business - The New York Times - October 22 -
Trump’s trade tariffs: how protectionist US policies will hit German carmakers
‘Shifts in production’ expected if baseline tariffs on imported goods are imposed to benefit US auto manufacturing . In 1964 the new US president was angry about European trade. Specifically about ...World - The Guardian - Yesterday -
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China's Top Carmaker Dominates Foreign Rivals With $14,000 Plug-In Hybrid
From tariffs to technology restrictions, global challenges are mounting for Chinese carmakers, but BYD has been unstoppable.Business - The Wall Street Journal - October 14 -
Stellantis boss warns long EV transition poses cost ‘trap’ for carmakers
Carlos Tavares says industry will suffer from prolonged period of investing in both traditional engines and battery-powered carsBusiness - Financial Times - October 14 -
Could Trump’s Tariffs Lead to Higher Prices? Here’s What to Know.
The president-elect says that tariff is “the most beautiful word in the dictionary.” You may be hearing it a lot.Business - The New York Times - 3 days ago -
EU imposes new tariffs on Chinese cars
The European Union on Wednesday imposed tariffs on Chinese-produced electric vehicles (EVs), adding another pressure point to Chinese EVs on top of existing American duties imposed by President ...Politics - The Hill - October 30 -
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What to know about Europe's tariffs on Chinese electric vehicles
The European Union has finalized its sharply higher customs duties on electric vehicles imported from ChinaTech - ABC News - October 30 -
Is China cannibalising the EU car industry?
Troubles at VW point to growing doubts about future of Europe-wide sector as imports of cheap EVs rise. For decades Germany has enjoyed a reputation as Europe’s car capital, with slogans such as ...World - The Guardian - October 20 -
China Considering Higher Tariffs on Car Imports
China said it may raise tariffs on imported internal-combustion-engine cars with large engines sizes, after the EU voted to increase import duties on China-made electric vehicles.Business - The Wall Street Journal - October 17 -
This Electric Aircraft-Maker Just Landed a $318 Million Investment
Beta Technologies’s Series C funding comes just a month after a $20 million investment to build out charging infrastructure across the country.Business - Inc. - November 1 -
Trump’s Tariff Plans Would Fuel Inflation, Janet Yellen Will Warn
The Treasury secretary criticized former President Donald J. Trump’s economic proposals in a speech.Business - The New York Times - October 17 -
U.S. Farmers Brace for New Trump Trade Wars Amid Tariff Threats
Despite their concerns, some farm operators still support the former president and prefer his overall economic plan.Business - The New York Times - 6 days ago -
FirstFT: Trump’s first appointment
Also in today’s newsletter, Fed cuts rates and Citi revamps wealth banker payWorld - Financial Times - 2 days ago -
Cuban implies Trump's tariff threat having negative impact 'right now'
Billionaire and former Harris campaign surrogate Mark Cuban warned of the negative impact of President-elect Trump's tariff plans, which include a general tariff on imported goods and an additional ...Politics - The Hill - 23 hours ago -
Which gold investment is best when rates are cut?
Some gold assets are better than others when interest rates are dropping, experts say.Top stories - CBS News - 6 days ago -
U.S. to Curb AI Investment in China Soon
Some technologies and financial commitments will be blocked, based on President Biden’s 2023 executive order to keep American expertise from helping the Chinese military.Business - Inc. - October 22 -
The New Investment Superpower Outflanking China and the U.S. in Africa
The tiny United Arab Emirates has invested billions in east Africa, where it is now emerging as a significant player, at times muscling out China and annoying the U.S.World - The Wall Street Journal - 4 days ago -
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Auto giants launch a flurry of cheaper electric vehicles — taking the fight to China
Europe's top carmakers unveiled low-cost EVs at the Paris Motor Show this week, seeking to recapture some of the market share held by Chinese brands.Business - CNBC - October 17 -
Democrats warn of threat to democracy in closing pitch to voters
Democrats are zeroing in on the future of democracy and former President Trump’s response to the Jan. 6 attack on the Capitol as part of their closing pitch to voters two weeks out from Election ...Politics - The Hill - October 23 -
Harris Warns That Trump Is a Threat to Economic Growth
With the election drawing to a close, candidates are trying to sway on the economy.Business - Inc. - November 2